The global financial landscape is changing and drives a very different economic climate for India and Subcontinent. At Sibos 2009 in Hong Kong this past September, there was much speculation from participants from around the world that we will be a major engine of growth, leading the way out of the recession tunnel. But are we ready? Do we have the business models and the emphasis on risk management, interoperability and cost reduction that remains high on everyone’s agenda? One year on after the crisis, are we leading through uncertainty or on the road to recovery?
Through a series of plenary sessions, the forum will take a look at current trends and challenges in our industry and what SWIFT is doing to support the India and Subcontinent community. You will have the opportunity to learn more about the key developments shaping our new reality of supply chain and trade, securities, payments and cash management and financial market infrastructures, thanks to insights from industry thought leaders and your own active participation at our annual gathering of the SWIFT community in India and the Subcontinent.
It is my pleasure to welcome you to the 2009 SWIFT Business Forum in Mumbai.
Ian Johnston
Chief Executive, Asia Pacific
Agenda — Wednesday 11 November 2009
8.15 – 9.00
Registrations open
9.00 – 9.10
SWIFT Welcome
Speaker:Ian Johnston, Chief Executive, Asia Pacific, SWIFT
9.10 – 10.30
Opening Plenary and Big Issue Debate – One year on: uncertainty or recovery?
A new order is emerging from the crisis that puts the world on edge. The global financial landscape is changing and drives a very different economic climate for India and the Subcontinent. The world speculates that we will be the engine of growth, leading the way out of the recession tunnel.
Plenary speaker:
> James E. Shapiro, Head, Market Development, Bombay Stock Exchange Limited
Panellists:
> James E. Shapiro, Head, Market Development, Bombay Stock Exchange
> S. Sridhar, Chairman & MD, Central Bank of India
> Jean-Joel Schittecatte, Consul General, Consulate of Belgium
Moderator:
> Ian Johnston, Chief Executive, Asia Pacific, SWIFT
Host:
> Arun Tiwari, Head, India and Subcontinent, SWIFT
10.30 – 11.00
Coffee break
11.00 – 11.30
The promise of mutual funds: How it can be realised
India's mutual fund industry has resumed its rapid expansion, following the 2008 stock market crash. New money disappeared and outflows became torrential in the last quarter of 2008, leaving several Indian asset managers on shaky ground. However, the market's rebound has reversed the flood and new players are starting to appear. During May 2009, assets under management in India rose by 15%, and by June, five firms had obtained provisional permission from regulators to start new mutual fund businesses. Despite the lull in business shortly after the crash, asset managers remain bullish about the future of mutual funds in India.
Speakers:
> Dr. A.P Kurian, Chairman of the Association of Mutual Funds in India (AMFI) > Ms. Deepa P.S, Associate Director, KPMG Advisory Services Pvt Ltd > Charles Legrand, Head of South Asia, SWIFT
11.30 – 12.15
Meet the partners
As valued members of the SWIFT community, partners play a key role in helping you to get the most from your investment in SWIFT. In this session you will meet the partners who are exhibiting at the SWIFT Business Forum. They will give you an overview of what they are presenting and demonstrating in the Solutions zone and how they can help you grow your business.
Speaker:Lisa Sung, Manager, Partner Relations, Asia Pacific, SWIFT
12.15 – 1.30
Lunch
1.30 – 3.00
Workshop 1 Introduction to SWIFT
— Beneficial for all who are new to the SWIFT community
— An essential guide to SWIFT, its system, its standards, the possibilities of the SWIFTNet platform, the value of the SWIFT solutions, and the key components that make up payments and securities clearing systems
— Find out how SWIFT applies for the different customer segments
Speakers:
> Zelda Anthony, Relationship Manager, Australia and South Pacific, SWIFT
> Rajshree Shishodia, Relationship Manager, India and Sub-continent, SWIFT
Workshop 2 Technology and interfaces
— Understand the faster time-to benefits behind enabling integration of business applications with SWIFT
— Leverage your existing business applications to reduce risks and maintenance costs
— Learn about XML implementations from a bank’s point of view
— Get the details of the new connectivity options now available from SWIFT
Speakers:
> Dilip Oak, General Manager, Operations and Trading, Bombay Stock Exchange
> Ashish Banerjee, Technologist, SUN
> Patrick Yeh, Head of Sales Services, Asia Pacific, SWIFT
Workshop 3 Global trends in cash management for corporates and banks
— Examine the future trends and key drivers in the cash management industry
— Hear from a global financial institution how SWIFT connectivity can improve the overall cash and risk management process, and thus bring significant advantage to corporate customers and the overall industry
— Find out more about the tools available to corporates to streamline their treasury processes and how one corporate has managed its globalisation and centralisation project to improve customer service, increase business returns and better manage risk
— Learn from a bank executive how they are using SWIFT applications to increase automation, improve customer service and business performance.
Speakers:
> Rajendran, General Manager, Union Bank of India
> Robert Blair , Executive Director - Core Cash Mgmt, Treasury Services, J.P.Morgan
> K. Ganesh , Vice President, Dr. Reddy's
> Franck de Praetere, Head of South East Asia, SWIFT
3.00 – 3.30
Coffee break
3.30 – 5.00
Workshop 4 Innotribe Lab
— At the centre of leveraging the collective intelligence of its community, Innotribe focuses on gathering new ideas and new projects and then establishing the infrastructure that will enable them to grow.
— This Innotribe Lab will build on the winning idea at Sibos, eMe, and the new applications in the B2B and B2C space that eMe will enable. eMe is a digital vault able to gather and safeguard personal and financial information of individuals and corporations, that financial applications could use to streamline and ease some of the business processes that requires identity management (Identity as a Service) as well as to bridge transaction based services in a more performing way.
eMe is the potential enabler of new ways to manage worker remittances transactions (if we couple it with a mobile device, for instance) as well as to act as a central gateway for all the e-commerce transaction of individuals. These are only examples of application fields where eMe could act as a paradigm shift.
You can watch the pitch made at Sibos for eMe for more information. The session is going to be interactive, using a framework to facilitate collaboration and co-creation. We will post more information and links on the India and Subcontinent community on swiftcommunity.net.
Speakers:
> Matteo Rizzi, Head of Innovation, SWIFT
> Beth Smits, Head of Communications, Asia Pacific, SWIFT
> Patrick de Courcy, Head of Markets & Solutions, Asia Pacific, SWIFT
Workshop 5 Payments
We will cover both worker remittances and payments trends in this session:
Worker remittances
— Banks are getting back to basics and are looking at their fee-generating transaction business in a new light. The humble remittance is about as basic as it gets, but it offers revenue generation as well as a way to acquire new customers and create a platform to cross-sell the other financial services your customers require.
— This session will look at banking industry developments in remittances, analyse what it takes to be a winner in ethnic banking, and look at innovative new products, services and marketing techniques that are being deployed.
Payments trends
— How will the industry meet the milestone of the Exceptions & Investigations adoption plan, which leads to the decommissioning of FIN-related messages by the end of 2012?
— Our panellists will challenge the myth that Exceptions & Investigations is a resource-intensive project.
— They will share their experiences in implementing newly developed off-the-shelf or remote applications that provide the users with the necessary return. They will explain why they believe that every SWIFT member can benefit from this cost-effective solution and why it should be considered a priority project by financial institutions today.
Speakers:
> Sachin Khandelwal, Senior General Manager, ICICI Bank
> Alex Lee, Head, Payment Solutions, Asia Pacific, SWIFT
> Rajshree Shishodia, Relationship Manager, India and Sub-continent, SWIFT
Workshop 6 Securities and funds
— Get the latest market insight from industry experts, with a focus on how technology is key in moving forward towards recovery and cementing India and the Subcontinents as a hub for the financial industry in Asia Pacific.
— Learn more about cross border funds distribution for India and the Subcontinent market.
— Be updated on the next steps for automation in the market of corporate actions, securities borrowing & lending automation and proxy voting.
Speakers:
> Dr. Sayee Srinivasan, Head, Product Strategy, Bombay Stock Exchange
> Diana Dhote, Head of India, Custody operations, HSBC
> Ashok Suvarna, Chief Operating Officer, Birla Sunlife
> V. Ganesh, Country Head, Karvy
> Ravi Subramanian, Relationship Manager, India and Sub-continent, SWIFT
5.00
Thank you remarks by Ian Johnston and cocktails
Solution zone
Giving back to the community
SWIFT is proud to support St Catherine's Home, a primary school and orphanage for street children. St Catherine's Home has been operational since 1932 and is well known in Mumbai for its philantropic activities. From adoption to schooling to medication and rehabilitation, the home offers hope and dignity to more than 400 children.
